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1848 E Broad St

6.02 Acres of Commercial Land Offered at $6,553,820 in Mansfield, TX 76063

Investment Highlights

  • Excellent location for pad sites for retail, restaurants, office, medical and health care uses
  • Direct frontage on E Broad St - Mansfield's main commercial corridor
  • Easy access from Hwy 287, Hwy 360 and Matlock Rd
  • Close proximity to Methodist Hospital, Academy, Belk, StarCenter, Market Street and HEB

Executive Summary

Asking $6,553,820 or $25 per square foot. Seller will consider subdividing the property based on price and other terms. Minerals are not included in the sale.

Property Facts

Price $6,553,820
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Hospitality
  • Bank
  • Daycare Center
  • Drugstore
  • General Freestanding
  • Healthcare
  • Hold For Investment
  • Hotel
  • Medical
  • Neighborhood Center
  • Office Park
  • Religious Facility
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
Total Lot Size 6.02 AC

1 Lot Available

Lot

Price $6,553,820
Price Per AC $1,088,674.42
Lot Size 6.02 AC

The property is comprised of two tracts. There are over 700ft of frontage on East Broad St as shown in boundary survey for one of the two tracts.

Description

EXCELLENT LOCATION FOR FUTURE RETAIL AND COMMERCIAL PAD SITES IN A HIGH GROWTH AREA. Already zoned for retail, office, restaurant, medical and health care uses. Over 700 feet of direct frontage on E Broad St - Mansfield's principal commercial corridor. Served by an existing median break, water, sewer and electricity. Easy access from Hwy 287, Hwy 360 and Matlock Rd. Immediately adjacent to 295 units of luxury apartments. Within a short distance from active residential and mixed-use developments. Close proximity to Methodist Mansfield Hospital, Academy, Belk, StarCenter, Brown Elem. School, Orr Int. School, Market Street and Kroger, plus the HEB under construction.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 03767094
  • 07074425
  • 07128177
  • 41092317
Land Assessment
$623,822
Improvements Assessment
$0
Total Assessment
$623,822

zoning

Zoning Code PD, Planned Development
PD, Planned Development
  • Listing ID: 18331995

  • Date on Market: 1/28/2020

  • Last Updated:

  • Address: 1848 E Broad St, Mansfield, TX 76063

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